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The following information relates to the company's November bank reconciliation: Bank statement balance $10,700 Unadjusted cash balance from the company's records ? Deposit in transit
The following information relates to the company's November bank reconciliation:
| Bank statement balance | $10,700 |
| Unadjusted cash balance from the company's records | ? |
| Deposit in transit | 2,100 |
| Outstanding checks | 1,200 |
| Bank service charges | 300 |
| Interest earned on the bank account | 100 |
| Customer's NSF check returned by the bank | 400 |
What is the company's adjusted cash balance on November 30?
a. $11,600
b. $10,700
c. $12,200
d. $10,100
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Linear Algebra And Its Applications
Authors: David Lay, Steven Lay, Judi McDonald
6th Global Edition
9781292351216
